BVY 20-010, Proof of Financial Protection

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Proof of Financial Protection
ML20097D291
Person / Time
Site: Vermont Yankee File:NorthStar Vermont Yankee icon.png
Issue date: 03/23/2020
From: Daniels C
NorthStar Nuclear Decommissioning Company
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
BVY 20-010
Download: ML20097D291 (5)


Text

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North Star BVY 20-010 March 23, 2020 ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-0001

SUBJECT:

Proof of Financial Protection NorthStar Nuclear Decommissioning Co., LLC Vermont Yankee Nuclear Power Station 320 Governor Hunt Rd.

Vernon, VT 05354 802-451-5354 Corey R. Daniels ISFSI Manager 10 CFR 140.21 Vermont Yankee Nuclear Power Station Docket No. 50-271

REFERENCE:

License No. DPR-28 Letter, USNRC to Entergy Nuclear Operations Inc., "Exemption from the Requirements of Title 10 of the Code of Federal Regulations, Part 140, Section 140.11(a)(4), Concerning Primary and Secondary Liability Insurance," NVY 16-014, dated April 15, 2016 (ML16012A144)

Dear Sir or Madam:

In accordance with 10 CFR 140.21, Northstar Nuclear Decommissioning Co. LLC hereby provides proof of financial protection in the form of nuclear energy liability insurance for the Vermont Yankee Nuclear Power Station. As documented in the above Reference, Northstar Nuclear Decommissioning Co. LLC maintains the existing offsite nuclear liability coverage in accordance with the approved exemption to 10 CFR 140.11(a)(4).

The attached Certificate of Liability Insurance satisfies the requirement to provide proof of financial protection per the requirements of 10 CFR 140.15.

This letter contains no new regulatory commitmen.ts.

Should you have any questions concerning this letter, or require additional information, please contact Mr. Thomas B. Silko at (802) 451-5354, Ext 2506.

CRD/tbs

Attachment:

Certificate of Liability Insurance

BVY 20-010 / Page 2 of 2 cc:

ATTN: Director, Office of Nuclear Material Safety and Safeguards U.S. Nuclear Reguiatory Commission Washington, DC 20555-0001 Regional Administrator, Region 1 U.S. Nuclear Regulatory Commission 2100 Renaissance Blvd, Suite 100 King of Prussia, PA 19406-2713 Mr. Jack D. Parrott, Senior Project Manager Office of Nuclear Material Safety and Safeguards U.S. Nuclear Regulatory Commission Mail Stop T-5A10 Washington, DC 20555 Ms. June Tierney, Commissioner Vermont Department of Public Service 112 State Street - Drawer 20 Montpelier, Vermont 05602-2601

Attachment Vermont Yankee Nuclear Power Station Certificate of Liability Insurance (2 pages)

BVY 20-010 Docket Nos. 50-271

ACORD CERTIFICATE OF LIABILITY INSURANCE I

DATE (MM/DDNYYY)

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03/19/2020 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.

IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the pollcy(ies) must have ADDITIONAL INSURED provisions or be endorsed.

If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s).

PRODUCER CONTACT MARSH USA, INC.

NAME:

PHONE I FAX 501 MERRITT 7 1a1c.,ft,,,..,.

IA/C Nol:

NORWALK, CT 06856-6010 E-MAIL ADDRESS:

INSURER($) AFFORDING COVERAGE NAIC#

CN101885087-all-NUC-20-21 INSURER A : SEE A TT ACHED*

INSURED INSURERB:

NorthStar Group Services, Inc.

Attn: Gregory G. DiCarlo INSURERC:

35 Corporate Drive, Suite 1155 INSURERD:

Trumbull, CT 06611 INSURERE:

INSURERF:

COVERAGES CERTIFICATE NUMBER:

NYC-010632297-05 REVISION NUMBER* 6 THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.

INSR TYPE OF INSURANCE ADDL SUBR

,:SrJi~1,:grJi~l LTR

,.,.,n uuun POLICY NUMBER LIMITS COMMERCIAL GENERAL LIABILITY EACH OCCURRENCE

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CLAIMS-MADE OoccuR DAMAGE TO RENTED PREMISES CEa occurrence)

MED EXP (Any one person)

PERSONAL & ADV INJURY GEN'L AGGREGATE LIMIT APPLIES PER:

GENERAL AGGREGATE R

DPRO-DLOC POLICY JECT PRODUCTS - COMP/OP AGG OTHER:

AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT CEa accidentl f--

ANY AUTO BODILY INJURY (Per person)

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OWNED SCHEDULED AUTOS ONLY AUTOS BODILY INJURY (Per accident) $

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HIRED NON-OWNED PROPERTY DAMAGE AUTOS ONLY AUTOS ONLY CPer accidentl

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UMBRELLA LIAB H OCCUR EACH OCCURRENCE

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EXCESSLIAB CLAIMS-MADE AGGREGATE DED I I RETENTION$

WORKERS COMPENSATION I ~f~TUTE I I OTH-AND EMPLOYERS' LIABILITY ER Y/N ANYPROPRIETOR/PARTNER/EXECUTIVE 0 N/A E.L. EACH ACCIDENT OFFICER/MEMBER EXCLUDED?

(Mandatory In NH)

E.L. DISEASE - EA EMPLOYEE $

If yes, describe under DESCRIPTION OF OPERATIONS below E.L. DISEASE - POLICY LIMIT A

NUCLEAR ENERGY SEE A TT ACHED ACORD 101 01/01/2020 01/01/2021 SEE ATTACHED LIABILITY DESCRIPTION OF OPERATIONS/ LOCATIONS/ VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached ii more space is required)

CERTIFICATE HOLDER CANCELLATION Document Control Desk SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE U.S. Nuclear Regulatory Commission THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN Washington, DC 20555-0001 ACCORDANCE WITH THE POLICY PROVISIONS.

AUTHORIZED REPRESENTATIVE of Marsh USA Inc.

I

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© 1988-2016 ACORD CORPORATION. All rights reserved.

ACORD 25 (2016/03)

The ACORD name and logo are registered marks of ACORD

AGENCY CUSTOMER ID: CN101885087 LO C #: All Offices ADDITIONAL REMARKS SCHEDULE AGENCY NAMED INSURED MARSH USA, INC.

Northstar Group Services, Inc.

Attn: Gregoiy G. DiCarlo POLICY NUMBER 35 Corporate Drive, Suite 1155 Trumbull, CT 06611 CARRIER I NAICCODE EFFECTIVE DATE:

ADDITIONAL REMARKS THIS ADDITIONAL REMARKS FORM IS A SCHEDULE TO ACORD FORM, FORM NUMBER:

25 FORM TITLE: Certificate of Liability Insurance CERTIFICATE OF NUCLEAR ENERGY LIABILITY INSURANCE This is to certify that there is in force as of the effective date of this Certificate a Nuclear Energy Liability Insurance Policy issued by members of American Nuclear Insurers as indicated (Companies), to the Insured named herein, with respect to the Nuclear Facility at the Location shown and/or with respect to the lnsured's operations described herein. If such policy is cancelled or otherwise terminated prior to the end of December 31st of the calendar year in which the Effective Date of this Certificate occurs, notice will be delivered In accordance with the policy provisions. Otherwise this Certificate shall terminate as of the end of such December 31st. A Certificate will NOT be issued for any subsequent calendar year unless requested in writing.

Types of Insurance: NF - [Facility Form], NW- [Master Worker Certificate], NS- [US Domestic Supplier's & Transporters], FS- [Foreign Suppliers & Transporters], N- [Secondaiy Financial Protection Certificate]

COVERAGE FOR NUCLEAR FACILITIES:

1. SITE #1 - Vermont Yankee Nuclear Power Station LOCATION OF NUCLEAR FACILITY: Vermont Yankee Nuclear Power Station located approximately five (5) miles south of Brattleboro, Vermont, on the West bank of the Connecticut River in the town of Vernon, Vermont NAMED INSURED [LISTED ON POLICY]: NorthStar Vermont Yankee, LLC and North Star Nuclear Decommissioning Company, LLC POLICY NUMBER:

POLICY EFFECTIVE:

LIMIT OF LIABILITY:

NF-0307 NW-0574 11/1/1970 11/1/1970

$100 Million

$450 Million**

THIS CERTIFICATE IS ISSUED AS A MA TIER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER.

The insurance afforded by the policy(ies) is subject to the exclusions, conditions and other provisions of the policy(ies). Neither this Certificate nor any contract or other document with respect to which it is issued shall amend, extend or alter the coverage afforded by the policy. The Limit of Liability shown above may have been reduced by payment of claims or claims expenses.

.. Master Worker Certificate - This limit is shared by all Certificates to the Master Worker Policy of which each Certificate is a part and is subject to all of the provisions of such Policy and Certificate having reference thereto. Such limit may have been reduced by payment of claims or claims expenses.

Page 2

of 2

ACORD 101 (2008/01)

© 2008 ACORD CORPORATION. All rights reserved.

The ACORD name and logo are registered marks of ACORD